Commercial Real Estate Direct Staff Report The CMBS trust that held what most recently was a $7416 million mortgage against the Park Plaza shopping mall in Little Rock, Ark, has taken the property through foreclosure The loan, which had encumbered...
Commercial Observer A venture of Lincoln Equities Group and HIG Realty Partners has secured $1633 million of construction financing against a 921,000-square-foot industrial project in Brewster, NY Heitman provided the loan, which was arranged by...
The Real Deal PCCP LLC has provided $170 million of financing against 122 Fifth Ave, a 300,000-square-foot office and retail building in Manhattan Walker & Dunlop arranged the loan The Bromley Cos, which has owned the 10-story building since...
Bisnow SimpliSafe has leased 150,000 square feet at 100 Summer St, a 11 million-sf office building in Boston The security systems maker is moving into the space next fall It currently leases 70,000 sf at 294 Washington St, also in Boston Rockpoint...
The Real Deal Lalezarian Properties has secured $170 million of construction financing against the 260-unit apartment project at 606 West 30th St in Manhattan Wells Fargo Bank provided the debt Lalezarian, a New York developer, plans on setting...
Commercial Observer THG Properties has paid $575 million, or about $328,571/unit, for a portfolio of three apartment properties with 175 units in New Jersey The Newark, NJ, company bought the portfolio from Morgan Properties, a King of Prussia, Pa,...
The Real Deal JPMorgan Chase Bank has provided $442 million of financing against the Sunset Industrial Park, a 13 million-square-foot industrial project that’s breaking ground next year in Brooklyn, NY Eastdil Secured arranged the loan A...
Commercial Observer A venture of Metrovest Equities and BLDG Management has lined up $2175 million of financing against the 158-room Gurney’s Montauk Resort and Seawater Spa in Montauk, NY Deutsche Bank provided the loan, which was arranged by...
Boston Business Journal Eaton Vance has agreed to lease between 250,000 and 275,000 square feet of headquarters space at One Post Office Square, an 831,975-sf office building in Boston The investment company will occupy floors 14 through 20 at the...
Bisnow Omega Therapeutics has leased 89,000 square feet at the 405,000-sf One Charles Park life-sciences and office complex in Cambridge, Mass The biotechnology company is moving into its space in December 2022 It will pay an initial rent of $115/sf...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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